Should Flipkart pay sales tax?
Tax authorities reportedly claimed that Amazon should pay sales tax for all the orders through its fulfilment service ... is not liable to pay the tax. ... Flipkart Big Billion Days 2021 Sales ...
How to buy Flipkart stock?
For those looking to buy an iPhone, this may be the best time to do so as e-commerce giants Flipkart and Amazon are offering massive discounts on various models of the iPhone 12. While Amazon is offering a discount of up to Rs 11,000 on the iPhone 12 64GB ...
Is Flipkart offering fake discounts?
Kannur: A massive scam titled ‘The great offer’ in the name of ‘Flipkart’ led many to lose money from their accounts. The scammers offered up to 95 per cent discount on mobile phones and ...
Is Walmart buying Flipkart?
Walmart has agreed to buy India's leading online retailer Flipkart, paying $16 billion for a controlling stake of 77%. Flipkart gives Walmart access to a market it has been trying to crack for years.
What is the biggest challenge for Walmart?
The biggest challenge these days for Walmart related to its stock is convincing investors that it deserves more of a premium than a typical retailer would. The company has made significant investments in e-commerce and made big promises to investors in the February conference, outlining initiatives in high-margin businesses like healthcare, financial services, and advertising.
Is Walmart undervalued?
Given those emerging growth opportunities, there's a clear argument that Walmart is undervalued at its current price, and one of the best ways to unlock that hidden value is to take Flipkart public. By doing so, Walmart will be tying its own valuation to that of Flipkart, which is likely to do well as a publicly traded stock given ...
Is Flipkart a halo?
The Flipkart IPO could even have a halo effect on the rest of Walmart's businesses, causing investors to value the company more like a growth stock, which will lead to multiple expansions. Image source: Walmart.
Is Flipkart going public?
Flipkart is planning an initial public offering (IPO) for the fourth quarter this year. According to Bloomberg, the leading Indian e-commerce company, which is 77% owned by Walmart ( NYSE:WMT), is seeking a valuation that could top $35 billion. Based on the $16 billion Walmart paid in 2018, which valued Flipkart at $21 billion, ...
Is buying a stock a consumer product?
Buying a stock is very similar to buying any consumer product, let’s say, a cell phone. Just as you would compare, understand and research about the qualities, features, benefits, drawbacks, problems and specifications of a mobile phone with its competitors in the same price band before actually buying it, every investor should always understand the business of the company, its competitors’ scalability before actually investing in it.
Is Flipkart going public in India?
It wont list in India as Indian rules do not allow loss making companies to go public in India. Flipkart, being a top Indian company, will undoubtedly explore listing its IPO on one of the two Indian stock exchanges which are the NSE and BSE.
Is Flipkart a public company?
FLIPKART is not public limited company and its shares are not available to public. As this company is in losses in sequence 3+ Years, It cannot be listed in stock market soon. So there are no chances to purchases shares of it.
